Profit and Loss Questions Practice Question and Answer

Q:

The difference between the selling prices of an article at a profit of 15% and at a profit of 10% is Rs.10. The cost price of the article is -

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  • 1
    Rs.150
    Correct
    Wrong
  • 2
    Rs.200
    Correct
    Wrong
  • 3
    Rs.100
    Correct
    Wrong
  • 4
    Rs.120
    Correct
    Wrong
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Answer : 2. "Rs.200"

Q:

Two things were sold at same sale-price. One thing got 10% profit and another suffered 10% loss. The difference of their purchase price will be in multiple of which number.Tell_____. 

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  • 1
    10
    Correct
    Wrong
  • 2
    20
    Correct
    Wrong
  • 3
    15
    Correct
    Wrong
  • 4
    25
    Correct
    Wrong
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Answer : 2. "20"

Q:

A drug dealer sells a tablet for 5 rupees. If he buys a tablet packet for Rs 50 and if a tablet packet contains 25 tablets, what will be his profit percentage?

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  • 1
    100%
    Correct
    Wrong
  • 2
    150%
    Correct
    Wrong
  • 3
    50 %
    Correct
    Wrong
  • 4
    200%
    Correct
    Wrong
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Answer : 2. "150%"

Q:

Ram sold an article for Rs 380 at some profit. Had he sold it for Rs 300, then there would have been a loss equal to one-third at the initial point. What was the cost price of the article? 

1381 0

  • 1
    320
    Correct
    Wrong
  • 2
    350
    Correct
    Wrong
  • 3
    420
    Correct
    Wrong
  • 4
    450
    Correct
    Wrong
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Answer : 1. "320 "

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Answer : 1. "Rs. 1800 "

Q:

Cost price of 25 chairs equals the selling price of 20 chairs. Find the profit %.

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  • 1
    20%
    Correct
    Wrong
  • 2
    33%
    Correct
    Wrong
  • 3
    25%
    Correct
    Wrong
  • 4
    12.5%
    Correct
    Wrong
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Answer : 3. "25%"

Q:

A seller gives 15% discount on an item, if he marked up the price of item 40% above C.P and while selling he cheats the buyer by giving 10% less in weight. Find this overall profit percent (approximately).

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  • 1
    32%
    Correct
    Wrong
  • 2
    69%
    Correct
    Wrong
  • 3
    45%
    Correct
    Wrong
  • 4
    89%
    Correct
    Wrong
  • 5
    97%
    Correct
    Wrong
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Answer : 1. "32%"

Q:

By selling 25 m of cloth a man gains the selling price of 5 m of cloth. Find the gain percent?

1365 0

  • 1
    25 %
    Correct
    Wrong
  • 2
    20 %
    Correct
    Wrong
  • 3
    30 %
    Correct
    Wrong
  • 4
    22 %
    Correct
    Wrong
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Answer : 1. "25 %"

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